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looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case o
looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain...
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Sep 26, 2012
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the economy there has turned around number one. and number two, i think you've got to say that romney is not resonating with middle class voters, they don't like his business background, don't like his policies. for whatever reason they're not thrilled with obama, it would be ridiculous to say that, but i think the middle class just doesn't like mitt romney. stuart: what would you advise mitt romney to do in the debates one week from now? >> not be super, super aggressive, but being dispassionate and explain in great detail why his prescription would help the economy. i think most people don't get it yet. they don't understand the romney prescription. he has time. i want to emphasize, the race is not over yet. plenty of money, two more unemployment reports to come three presidential debates. he has time, but he has to explain clearly why his plan is better. stuart: i've got one more thing i wish you could explain for me again. again in a poll in ohio out this morning, it gives president obama a 25 point lead amongst women. can you
the economy there has turned around number one. and number two, i think you've got to say that romney is not resonating with middle class voters, they don't like his business background, don't like his policies. for whatever reason they're not thrilled with obama, it would be ridiculous to say that, but i think the middle class just doesn't like mitt romney. stuart: what would you advise mitt romney to do in the debates one week from now? >> not be super, super aggressive, but being...
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how should be addressed the economy? >> one of the mistakes the romney campaign made in trying to blame the president for the economy when you look at the reality most americans believe george bush shares more responsibility because the president inherited a mess. if that is the perception of voters try to shake that perception when it is not working it is a problem. with respect to the president he has an advantage. doesn't get all the blame. it was a terrible fiscal crisis and terrible unemployment crisis. dennis: what is your bike to obama? >> the president needs to paint the picture and be clear about where we have been and where we are and where we are going. make it clear the future is brighter. dennis: i am sick of the president blaming the other guy for problems he helped create. what do you say? >> my furnace sauce going into this is romney has to state you have been the president for the last four years, not george w. bush. we came out of some real problems in 2008 but the economy was getting better. the admini
how should be addressed the economy? >> one of the mistakes the romney campaign made in trying to blame the president for the economy when you look at the reality most americans believe george bush shares more responsibility because the president inherited a mess. if that is the perception of voters try to shake that perception when it is not working it is a problem. with respect to the president he has an advantage. doesn't get all the blame. it was a terrible fiscal crisis and terrible...
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every free economy has good regulations. at the same time, regulation could become excessive. >> is it excessive now? >> in some places, yes. in some places, no, it can become out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd-frank was passed and it includes within it a number of provisions that, i think, has some unintenned itted consequences that are harmful to the economy. one is banks are too big to fail. that is the biggest kiss to new york banks i have ever seen. 122 community and small banks have closed since dodd-frank. there is one example. here's another. >> you want to repeal dodd-frank? >> repeal and replace it. we're not getting rid of all regulation. you have to have regulation. there are some parts of dodd-frank that make all the sense in the world. you need transparency, you need to have leverage limits for institutions. >> here is the specific -- >> excuse me. >> let's talk about the big o
every free economy has good regulations. at the same time, regulation could become excessive. >> is it excessive now? >> in some places, yes. in some places, no, it can become out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd-frank was passed and it includes within it a number of provisions that, i think, has some unintenned itted consequences that are harmful to...
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it's going to break down the economy, but society. look at greece and spain. those rioting in the streets, throwing molotov cocktails are members of public unions. i fear if we don't solve the problem, that will happen here as well. >> jim, fair enough. we don't want to be greece, but at the same time we'll have to bail out the pensions. >> the bail-outs are coming. it's not just the public side. private second has unfunded pension plans on their side as well. baby boomers are hitting retirement. 40% of corporate pensions are underfunded, and basically all the states are underfunded. we'll see fights between public and private sector bail-outs. we'll see fights between union and nonunion bail-outs. they should treat everybody the same. one reason all these pension-- one reason -- are underfunded is federal reserve policy that's kept interest rates so ultralow that these pension funds can't get a return on their fixed income. >> okay. those are fair points. sally, i want to stay on the issue of public pensions, if you don't mind, because the public pensions cre
it's going to break down the economy, but society. look at greece and spain. those rioting in the streets, throwing molotov cocktails are members of public unions. i fear if we don't solve the problem, that will happen here as well. >> jim, fair enough. we don't want to be greece, but at the same time we'll have to bail out the pensions. >> the bail-outs are coming. it's not just the public side. private second has unfunded pension plans on their side as well. baby boomers are...
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and take the economy down for good. are they right? hi,
and take the economy down for good. are they right? hi,
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it will have us effect on the american economy. if we don't insure stability than the entire picture darkens considerably 87 it is like the automatic pilot. >> absolutely not. we can see with the battle of sequestration dramatic cuts will occur that almost nobody republican are democrats don't want. that is not automatic. john: the "washington post" headline obama cuts defense down to the bone? there is talk. we have the inflation adjusted chart. obama false light the then flat to. how was that to the bone? anything beyond the three years is fantasy. what we talk about and then near-term procurement, personnel, trai ning at has a devastating effect look as defense contractors announce layoffs in the hundreds of thousands john: i ain't how the navy and the marines get 29 percent, the army 26% is about the same every year and nobody makes choices. >> if you'd been there is not a vigorous debate then go to the pentagon. i'd think obviously this has to be evaluated on the annual basis and look at priorities. with increasing uncertainti
it will have us effect on the american economy. if we don't insure stability than the entire picture darkens considerably 87 it is like the automatic pilot. >> absolutely not. we can see with the battle of sequestration dramatic cuts will occur that almost nobody republican are democrats don't want. that is not automatic. john: the "washington post" headline obama cuts defense down to the bone? there is talk. we have the inflation adjusted chart. obama false light the then flat...
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economy is headed down. welcome, everyone, i am neil cavuto and fox on top of a number two back to issue one: jobs. not happening. paul ryan making his case on the stump that america has hit a big butch and it ain't pretty. the man republican operatives have reportedly been urging romney to get out and get blasting is here and talking. wrong man paul ryan joining me from memphis, tennessee. what do you make of the latest numbers congressman? you have talked about weakness in the economy, but prior to the data today, congressman, we been seeing a pickup of consumer sentiment and obviously we see markets all over the map but what did this signal? >>guest: we have seen slow growth. now we see it is slower. a downward revision from 1.7 to 1.3 percent is a big drop. the drop in durable goods is enormous. this is not what a real recovery looks like. as you mentioned from the fay of businesses and manufacturers, they see more clouds ahead. it is because of the president's failed policies. mitt romney and i are prep
economy is headed down. welcome, everyone, i am neil cavuto and fox on top of a number two back to issue one: jobs. not happening. paul ryan making his case on the stump that america has hit a big butch and it ain't pretty. the man republican operatives have reportedly been urging romney to get out and get blasting is here and talking. wrong man paul ryan joining me from memphis, tennessee. what do you make of the latest numbers congressman? you have talked about weakness in the economy, but...
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. >> president obama and the economy. how is he managed to avoid public retribution for not fixing the economy? >> it's not a normal thing. >> the extraordinary work of a clinton initiative. >> keep pushing the rocks up the hill. >> big ideas from the big names. dee pock chopra, things get lively at the global initiative. you want to make farming sexy, don't you? this is "piers morgan tonight." >>> mr. president, thank you very much for sparing the time to talk to me. you are in the eighth year now, of the clinton global initiative. i would imagine all the world leaders you managed to amass here, there are a few topics of concentrated attention. probably right at the top of the list would be this simmering tension between israel and iran. now, i interviewed president ahmadinejad last night and he was adamant that he has no plan to build a nuclear weapon, that he has purely peaceful intention. clearly, most people here don't believe him. what is the smart thing for america to do right now, given the ratcheting up of the rh
. >> president obama and the economy. how is he managed to avoid public retribution for not fixing the economy? >> it's not a normal thing. >> the extraordinary work of a clinton initiative. >> keep pushing the rocks up the hill. >> big ideas from the big names. dee pock chopra, things get lively at the global initiative. you want to make farming sexy, don't you? this is "piers morgan tonight." >>> mr. president, thank you very much for sparing...
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Sep 29, 2012
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the economy is still rough. neil: i think we have gotten used to this trend of lousy numbers. >> exactly, you are lowering the bar of expectation. i am so hopeful that we have two more unemployment report before the presidential election people will zero in on these and realize that the policies are not working. that the economy is trouble. >> at this point, we shouldn't be the country that celebrates media and. suddenly, i can return to the roots of america. show us how you do it. i am shocked that obama is polling better than mitt romney on the economy. neil: is that obama still? >> it is the phrase du jour. i want to hear him be loud about this. spending cuts and higher taxes, they say that this will drive us into a full recession if they don't resolve it. neil: bearer scaring everyone is a party, they are scaring everyone. >> they should be scared. >> the bottom line is that this is not the america that became the greatest country in the world. this is not the america that will continue to be the greatest co
the economy is still rough. neil: i think we have gotten used to this trend of lousy numbers. >> exactly, you are lowering the bar of expectation. i am so hopeful that we have two more unemployment report before the presidential election people will zero in on these and realize that the policies are not working. that the economy is trouble. >> at this point, we shouldn't be the country that celebrates media and. suddenly, i can return to the roots of america. show us how you do it....
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >> this is deadly earnest. how they can justify, how they can justify raising taxes of the middle class that has been buried the last four years, how if lord's name can they justify that? >>neil: it is a gaffe that now is a romney ad campaign since the vice president started talking about the middle class getting buried, republicans have wasted barely a nano second capitalizing. the question tonight is
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked...
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the first time since launching qe3, saying that fed needs to drive down borrowing costs because the economy is not growing fast enough to reduce high unemployment. surely there is a left in which employment can be created. >> there will belay offs at lockheed-martin in the beginning of the year, but they will not warn the employees of impeding li offs as it is legally retired to today, obama labor department told lockheed they do not need to abide by the law. telling lockheed it will cover potential legal costs if they incur any benpality, obama administration. clearly does not want those layoff notices delivered just days before the election. >> president obama downplaying expectations for wedneay's debate. saying he is an okay debater, according to a new washington post abc news poll, 55 percent of likely voters think that president will win this first debate, and 41% think that romney will win. joining me now, ed klein, author of "new york times" best seller "the amateur." great to see you, this is cute, the downplay, one of these, i can't think of another moment of modesty on the part o
the first time since launching qe3, saying that fed needs to drive down borrowing costs because the economy is not growing fast enough to reduce high unemployment. surely there is a left in which employment can be created. >> there will belay offs at lockheed-martin in the beginning of the year, but they will not warn the employees of impeding li offs as it is legally retired to today, obama labor department told lockheed they do not need to abide by the law. telling lockheed it will...
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bigger than the economy, but how does that shrink the economy or limited growth rate? >> here's how you expand gdp. you expand gdp by an increase of population and an increase in productivity, so all those assets being used to lend money to the government, those are assets that could be invested to expand collectivity. if you don't increase productivity by raising taxes, you don't increase productivity by changing the schedule and things like that can increase productivity by capital investment and that is simply not happening. the money lent to our government is dead money and is not out investing in productive assets. stuart: are we going to recession? >> it would be hard to argue not. i was having this discussion last night, isn't it odd we see a couple diametrically opposed views of economically growth in washington right now? ben bernanke trying to create the wealth effect. everybody feels more wealthy because the asset prices are going up, that helps the economy come around. by the same token if you look to the democratic side of things, if you look at the other
bigger than the economy, but how does that shrink the economy or limited growth rate? >> here's how you expand gdp. you expand gdp by an increase of population and an increase in productivity, so all those assets being used to lend money to the government, those are assets that could be invested to expand collectivity. if you don't increase productivity by raising taxes, you don't increase productivity by changing the schedule and things like that can increase productivity by capital...
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>> jobs and the economy. our governor tries to bring business with jobs and employing people but constantly fighting the federal government of overregulation. that has got to stop. romney will make a difference not only in our state but then the country. gerri: it is a pleasure. i will be watching the debate tonight. pam bondi. stocks are higher today with the new jobs report but is it something to be happy about? up review -- a preview of friday's report next. gerri: the jobs market. the private sector hiring last month 160,000 jobs added. lower than the month before. here to break down is our harvard economist. jeffrey, this is a payroll processor the works of private businesses, what does it mean for the jobs report on friday? >> appms numbers are not always indicators it is a pretty good report by it is not great consistent over months with the new normal we grow slowly so the unemployment rate does not come down even though people employed is going up not much faster. gerri: they say small business hirin
>> jobs and the economy. our governor tries to bring business with jobs and employing people but constantly fighting the federal government of overregulation. that has got to stop. romney will make a difference not only in our state but then the country. gerri: it is a pleasure. i will be watching the debate tonight. pam bondi. stocks are higher today with the new jobs report but is it something to be happy about? up review -- a preview of friday's report next. gerri: the jobs market. the...
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i have to because at this rate the economy is not growing. we have a job number tomorrow that will probably be careful, yes, a fed is all in, but if you watch the futures as i do in the middle of the night to my wife's discretion i have to say futures bounce after this debate. >>neil: you are right. we noticed that and we noticed the foreign market reaction. but you know i don't brag but we were the only ones noticing that. do you think the markets, then, by and large the markets tend to favor republicans, not all the time, but, now, since they like bailouts and rescues, i don't know who is who anymore. but if it looks like it is more possible that romney could pull it out, what happens closer to election day? >>guest: the funny thing is, i would take one side of this obama argument which is, to me, as far as the markets go he is a known quantity. he has thrown everything possible that isant business -- that is antibusiness, health care, tax hikes, health care that no one wants, but the market going up. if romney gets in the market continues
i have to because at this rate the economy is not growing. we have a job number tomorrow that will probably be careful, yes, a fed is all in, but if you watch the futures as i do in the middle of the night to my wife's discretion i have to say futures bounce after this debate. >>neil: you are right. we noticed that and we noticed the foreign market reaction. but you know i don't brag but we were the only ones noticing that. do you think the markets, then, by and large the markets tend to...
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economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not reported. you have to grow the gdp, which is the numerous rate tore, i mean the denominator then you get the debt-to-gdp ratio fall. you need growth and spending cuts. melissa: you think the political will is out there to really riot at some point? >> i think washington, look i think the american people, the vast majority of us, are willing to make these decisions about, what are we going to do about the future of medicare and social security. the one thing we always americans have to grapple with, we don't talk
economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not...
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all eyes will be on the economy this week. the big news for wall street comes on friday with the september jobs report. of course, that is key for the markets. it's also key in the race for the white house. also ahead, we'll get a look at september auto sales data. as well as the latest look at construction spending. we'll see if those indicators show any continued signs of improvement like we've been seeing in the housing market. and the fed releases minutes from its last meeting, shedding more light on the central bank's decision to try to further stimulate the u.s. economy. we'll track that and all the week's business news on cnn money. >>> i'm a.j. hammer, here's what we're watching this week. jamie presley is going to be joining me to find out what she's been up to lately and we've also got a big show biz countdown this week of the best presidential impersonations ever. you got to tune in to see if your favorites make the cut. >> thanks, guys. some high school students thought they were pretty funny nominating a girl to t
all eyes will be on the economy this week. the big news for wall street comes on friday with the september jobs report. of course, that is key for the markets. it's also key in the race for the white house. also ahead, we'll get a look at september auto sales data. as well as the latest look at construction spending. we'll see if those indicators show any continued signs of improvement like we've been seeing in the housing market. and the fed releases minutes from its last meeting, shedding...
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the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on earth, because michelle obama agreed to marry me. and so i just want to wish, sweetie, you, happy anniversary, and let you know that i year from now, we will not be celebrating it in front of 40 million people. >> romney grabbed the ball, responded in a way that was downright charming. >> and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine here, here with me. so i -- congratulations. >> cnn contributor's will cain, roland martin, who leans left, are here to discuss. welcome, gentlemen. >> how are you doing? >> the moment you just played that'
the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on...
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he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our unemployment rate of 8.1% currently is really about the same as it was in january. we're really not making progress, at least not this year. so our concern is not really a recession, our concern is growth will continue but at a pace that's insufficient to put people back to work. >> reporter: he says inflation rates have been on target, though the federal reserve continues to watch that, and that the fed has the tools to unwind and watch inflation. ashley? ashley: yeah, interesting session today with mr. bernanke in indianapolis. rich, thank you very much. let's go to adam shapiro in the studio. adam, we'r
he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our...
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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. we can stick with failed policies for the next four years or brighter future. dependency versus opportunity versus upper mobility. >> heather: let's bring alex us any gill johnson and nancy, president of media speak strategies and former senior advisor spokesperson to john mccain. thank you for joug us. nancy i want to begin with you. for six months they said this campaign is a referendum on president obama's record. now you heard paul ryan saying in his interview with chris that it's about choice. do you see this as a shift in strategy for the romney campaign and if so, is that why? >> i think it's right and proper for both candidates to offer americans a clear vision of their path for the country. i think it's a natural evidence luilgs. any time an incumbent president running against a challenger there is component of that that is referendum, but now is the time where we've got a matter of weeks when people have to cast their votes. now is the time for each
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. we can stick with failed policies for the next four years or brighter future. dependency versus opportunity versus upper mobility. >> heather: let's bring alex us any gill johnson and nancy, president of media speak strategies and former senior advisor spokesperson to john mccain. thank you for joug us. nancy i want to begin with you. for six months they said...
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. >> and his take on president obama and the economy. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> because this is not a normal time. >> plus his extraordinary work with the clinton global initiative. >> we don't have to produce miracles. all we have to produce is progress. we just keep pushing these rocks up the hichlt ll. >> is the world ready for a clinton back in the office? >> i can run for president of ireland because of my irish heritage. >> this is "piers morgan tonight." good evening. the most powerful man and woman in the world are gathered in new york tonight at the u.n. and across town at the clinton global initiative. president obama spoke at cgi today. we'll get to that in a moment. he had tough talk on iran's nuclear program. >> let me be clear. america wants to resolve this through diplomacy and we believe that there is still time and space to do so. but that time is not unlimited. >> with just 42 days to go until the election, mitt romney blasted iran in his speech
. >> and his take on president obama and the economy. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> because this is not a normal time. >> plus his extraordinary work with the clinton global initiative. >> we don't have to produce miracles. all we have to produce is progress. we just keep pushing these rocks up the hichlt ll. >> is the world ready for a clinton back in the office? >> i can run for...
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our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery solved? this is a live look at the suburban detroit home where investigators are digging right now. more from the scene in a bit. >>> get your flag pins and sense of pride. we're talking economic patriotism on the campaign trail. newsroom starts now. >>> good morning. happy friday to you. i am carol costello. we begin this hour, new intrigue in one of the most iconic crime mysteries in u.s. history. police in the detroit suburb of roseville may be breaking new ground in the 1975 disappearance of the former union boss jimmy hoffa. minutes ago crews began drilling a core sample from w
our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery...
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their economy will suffer a double little bit. they need crude-oil. people driving cars over there show the market coming of the way it did. those cracks blew out today. refinery fire in canada turned out to the storage tank. if you look at the cracks between the prices of crude oil versus gasoline that made a tremendous move today and there are other factors. may be a blip in that market but those cracks have been strong going forward so you will see strength in the product versus crude even if the crude comes -- will move out. cheryl: one other issue. talking about the election and november around the corner. do you find people sort of have true conversations about investment decisions at the end of the year? >> absolutely and people will be more concerned about that in october. the first of three presidential debates was the vice-presidential debate. people are disgusted with the lack of movement in washington concerning the fiscal cliff so part of the problem, the apathy in the market is people don't know where to go. very unclear and the light at
their economy will suffer a double little bit. they need crude-oil. people driving cars over there show the market coming of the way it did. those cracks blew out today. refinery fire in canada turned out to the storage tank. if you look at the cracks between the prices of crude oil versus gasoline that made a tremendous move today and there are other factors. may be a blip in that market but those cracks have been strong going forward so you will see strength in the product versus crude even...
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Sep 30, 2012
09/12
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FOXNEWS
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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the last six months the romney campaign said this is a referendum on barack obama's record and now you are saying it is a choice. >> it is not a change in strategy. a phase of the campaign we now entered into. i think it is important. the president is trying to paper over his problems and has been trying to mislead and distort the record. it is a failed record. we think it was very important to point that out. look at unemployment. look at our poverty rates and the 23 million people struggling for work. now, at this phase of the campaign we think it is critical that people understand it doesn't have to be this
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob gasoline. reversing yesterday the big losses. crude almost completely erasing yesterdays losses. rbob up. crude oil prices also a big gainer. back above $90 a barrel. crude prices in the range of 91-$92 a barrel. gold also shining. about three quarters of a percent. we got some comments from mario draghi. they are going to do something, another bond buying program of some sort. that eased concerns over in europe. also, by the way, we had a weaker u.s. dollar, stronger euro scenario on that. it was a big winning day for commodities. yesterday was a big loser. we opted a lot of yesterday's big losses on the day. gold certainly shining. hovering around 1800 out. now we will go out to jeff flock. he is on the far. jeff. >> we b
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob gasoline. reversing yesterday the big losses. crude almost completely erasing yesterdays losses. rbob up. crude oil prices also a big gainer. back...
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Sep 30, 2012
09/12
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CNN
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what is your sense of the american economy? there are some signs that the economy is actually beginning to recover. housing is back. but yet the actual gdp numbers don't seem to move much. what do you think? >> there are some good sighs. housing has moved back a little bit. we've had a boon in energy. so -- and consumers have paid down a lot of debt. the bad side is there's an increasing government debt at the state and federal level. if you think back in 1982 this was a large outcry when the national debt passed 1 trillion. we're now adding 1 trillion per euro. soon the interest of the national debt could equal the whole amount in 1982 when you and i were here. i think it's a huge problem and a real problem. i'm hopeful that when the government forms that cob will address this problem. we've had such a polarized cob. that's part of the whole problem. the president can onto do so much. 've got to get congress in involved. the roadmap doesn't cut it down entirely. what i love about bain capital, we had republicans, democrats. re
what is your sense of the american economy? there are some signs that the economy is actually beginning to recover. housing is back. but yet the actual gdp numbers don't seem to move much. what do you think? >> there are some good sighs. housing has moved back a little bit. we've had a boon in energy. so -- and consumers have paid down a lot of debt. the bad side is there's an increasing government debt at the state and federal level. if you think back in 1982 this was a large outcry when...
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up and down the economy. the question really is joe biden to normal folks, who do you trust going forward and who is going to get you out of this? you may make fun of him but he comes out as a fighter. ashley: maybe stick to take other people's speeches, referencing when he plagiarized the uk labor leader speech back in '87. >> i remember that, actually. a problem with him now, my question, talk about how hard-pressed the middle class is no he is right to say that, usually don't you hold the incumbent accountable for the economic woes we are facing? ashley: he blamed the previous president. >> to my point, if the middle class is hurting, i think you hold the incumbent accountable. i don't believe romney has proposed raising taxes on on the middle class, he is raising reckless tax cuts. that i would support. >> the answer, the argument really is who do you trust to make thebetter going forward? it seems the president is winning that argument. ashley: perhaps he has been very successful in business, could be a
up and down the economy. the question really is joe biden to normal folks, who do you trust going forward and who is going to get you out of this? you may make fun of him but he comes out as a fighter. ashley: maybe stick to take other people's speeches, referencing when he plagiarized the uk labor leader speech back in '87. >> i remember that, actually. a problem with him now, my question, talk about how hard-pressed the middle class is no he is right to say that, usually don't you hold...
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Oct 2, 2012
10/12
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CSPAN2
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it is what makes our economy. a bigger government taking more, demanding more and more, more intrusive in our lives will not make america stronger, instead, restoring freedom and opportunity will get america to work again, and i will do it. [cheers] [applause] and it is important. this election is not just about four years. it is about the course for america. over decades, we are going to make a choice now which is going to affect us for the rest of our lives. you said, all talk, you listen. and so i sat. and, then he said this, repeatedly, where is american leadership? we need american leadership. america is the only nation on earth that is a superpower and we need american leadership. [cheers] [applause] to for the last four years, we have had a foreign policy led by the strength of the personality. we need to strengthen american military and our economy and america's principles if we are going to keep this world more safe. [cheers] [applause] the greatest thing about this campaign for me personally has been mee
it is what makes our economy. a bigger government taking more, demanding more and more, more intrusive in our lives will not make america stronger, instead, restoring freedom and opportunity will get america to work again, and i will do it. [cheers] [applause] and it is important. this election is not just about four years. it is about the course for america. over decades, we are going to make a choice now which is going to affect us for the rest of our lives. you said, all talk, you listen....
SFGTV2: San Francisco Government Television
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Sep 28, 2012
09/12
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SFGTV2
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businesses are the lifeblood of our economy. over the past few years, i have helped to eliminate dozens of fees that have been nickeling our small businesses to death. i have been pushing for more stimulus from city contracts. in the past, those would be awarded mostly to non-san francisco businesses. san francisco needs to do a better job of cultivating business innovation. we need to be the city that competes with silicon valley to attract clean tech, biotech companies. we can do a better job of nurturing creative industries. we need to create a better economy for our local artists. this is a city that has many thousands of small businesses. as someone who used to run a small business, the city can do a much better job of nurturing that sector. that is part of the life blood of who we are as san franciscans. >> we could do better. are we on the right track? >> i think we are in a transition right now. we have an interim mayor and a new board of supervisors. i do think we have a new tone at city hall to move things forward. we
businesses are the lifeblood of our economy. over the past few years, i have helped to eliminate dozens of fees that have been nickeling our small businesses to death. i have been pushing for more stimulus from city contracts. in the past, those would be awarded mostly to non-san francisco businesses. san francisco needs to do a better job of cultivating business innovation. we need to be the city that competes with silicon valley to attract clean tech, biotech companies. we can do a better job...
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Sep 26, 2012
09/12
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FBC
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steel is more of a reflection of the global economy, domestic economy. one thing i do like it create ad lot of support at 19. i'm worried about the catalyst. if someone is in it i think it is too late to sell but i'm still not ready to jump on that particular stock. ashley: why is it moving higher? can't figure out why any is -- >> ceo of netflix is barking. making a stand. amazon can't tough us. listen, that is what a ceo is supposed to do. facebook, speaking of ceos and what they're supposed to do, it generated now a cult of traders has facebook. under 20 you buy it. over 23 you sell it. if someone wants to play the game more power to them. as far as long-term buy and hold --. ashley: not a good thing. >> they have to see they can make money particularly with mobile. that leaves us with deckers. this is winter play. you know they make uhgs, right? they wear them in the winter time. i don't want to be there when they take them off, that is number one. this is winter stock. we haven't had a real winter. ashley: not last year. >> this is one thinking look
steel is more of a reflection of the global economy, domestic economy. one thing i do like it create ad lot of support at 19. i'm worried about the catalyst. if someone is in it i think it is too late to sell but i'm still not ready to jump on that particular stock. ashley: why is it moving higher? can't figure out why any is -- >> ceo of netflix is barking. making a stand. amazon can't tough us. listen, that is what a ceo is supposed to do. facebook, speaking of ceos and what they're...
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Sep 28, 2012
09/12
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CNNW
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happened, it's gone the other way on the economy. he's been losing that argument. what do you think of that? was paul ryan with hindsight the wrong choice? >> hindsight is 20/20. we can look back on it and see all the reasons why it didn't work. you can see what they were trying to do, they were trying to tap into the tea party enthusiasm on the far right and if you could energize that base and get them excited, maybe that could be -- propel his candidacy forward. the other thing was they actually thought they could have some sort of big idea conversation, but the problem is that mitt romney does not want to have a big idea conversation, because he wants to run away from the specifics of big ideas and the one big idea that they are talking about, they're losing on which is in all of those swing states, they're losing this battle over who will better handle medicare. that's the problem. >> kristen soltis, that is undeniable undeniable. that has got to be laid at the floor of paul ryan. he was brought in specifically to win that argume
happened, it's gone the other way on the economy. he's been losing that argument. what do you think of that? was paul ryan with hindsight the wrong choice? >> hindsight is 20/20. we can look back on it and see all the reasons why it didn't work. you can see what they were trying to do, they were trying to tap into the tea party enthusiasm on the far right and if you could energize that base and get them excited, maybe that could be -- propel his candidacy forward. the other thing was they...
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Oct 4, 2012
10/12
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FOXNEWSW
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, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what happened in last night's debate and i promise you, you're probably not going to believe it. that's later. up next a much more serious conscience of the internal debate after the u.s. attack in libya it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, yoargeting stocks to trade. well, that's what trade architect's heat maps do.
, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what...
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Oct 2, 2012
10/12
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FOXNEWSW
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eye 204
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there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are losing sight and what bill clinton learned in 1993, 1994, if you present a plan that looks credible like you want to reverse the direction, sometimes that creates a boom in and of itself and inspires confidence in the market that has little confidence right now. i blame both parties, by the way. if you give them a guidepost and show you have now planted your plan, you will be off to the races. i hope and i want to see that tomorrow night. will i? >>guest: i don't know if you will or not. i have been waiting for romney to come hitting the growth agenda and low rate flat tax-and-spending reductions and the
there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are...
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Sep 27, 2012
09/12
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FOXNEWS
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the economy went from bad to worse in the second quarter. that is the take-away from the new gdp numbers. chief white house correspondent ed henry shows us how that impacts the obama campaign. >> with two new economic reports showing the recovery is slowing again, bad timing for president obama as he campaigned in military-friendly virginia beach and unveiled a new theme on the economy. >> every campaign season you hear a lot about "patriotism." you know what? it's time for new economic patriotism, rooted in the belief that growing our economy begins with a strong and thriving middle class. i won't pretend getting there is easy. >> today we learn that rebuilding will take even longer, after gross domestic product for the second quarter was revised down to an anemic 1.3%. orders on durable goods, items ranging from washington machines to aircrafts, plunged by 13 13.2%. the worst droop since the month the president was sworn in office. alan krueger, chairman of the council of economic advisors brushed it off saying the new data shows how bad t
the economy went from bad to worse in the second quarter. that is the take-away from the new gdp numbers. chief white house correspondent ed henry shows us how that impacts the obama campaign. >> with two new economic reports showing the recovery is slowing again, bad timing for president obama as he campaigned in military-friendly virginia beach and unveiled a new theme on the economy. >> every campaign season you hear a lot about "patriotism." you know what? it's time...